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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 166 · 40 questions
TalentJR

Business tip (Plan before you spend): One-time cost: bought once and used many times. Running cost: bought again for every batch. Money left = budget − all the costs. Total budget needed = materials for every item + one-time costs. Greatest number you can buy = money ÷ price of one, rounded down to a whole number.

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  1. 1.Dev has a budget of ₹500. The stock costs ₹160 and the stall fee is ₹390. Is the budget enough? (a) Yes (b) No
  2. 2.Which of these is a one-time cost? (a) lemons (b) ice (c) a cloth banner (d) sugar
  3. 3.Which of these is a running cost? (a) ice (b) a cloth banner (c) a cash box (d) a folding table
  4. 4.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) a price board (d) a cloth banner
  5. 5.True or false: “ice” is a running cost. (a) False (b) True
  6. 6.True or false: “paper cups” is a running cost. (a) False (b) True
  7. 7.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  8. 8.Kabir has ₹210 to spend on rolls of ribbon. One roll of ribbon costs ₹15. What is the greatest number of rolls of ribbon Kabir can buy?
  9. 9.Lakshmi’s stall budget is ₹610. Pots cost ₹150, sugar cost ₹170 and a price board cost ₹230. How many rupees of the budget are left?
  10. 10.Gurpreet has a budget of ₹800. The stock costs ₹400 and the stall fee is ₹440. Is the budget enough? (a) No (b) Yes
  11. 11.True or false: “tea leaves and milk” is a running cost. (a) True (b) False
  12. 12.Farhan’s stall budget is ₹730. A price board cost ₹110, ribbon cost ₹210 and paper cups cost ₹220. How many rupees of the budget are left?
  13. 13.True or false: “sugar” is a running cost. (a) True (b) False
  14. 14.📒 One-time cost or running cost: sugar? (a) a running cost (b) a one-time cost
  15. 15.Joseph has ₹70 to spend on rolls of ribbon. One roll of ribbon costs ₹8. What is the greatest number of rolls of ribbon Joseph can buy?
  16. 16.Which of these is a running cost? (a) a folding table (b) a juicer (c) a cloth banner (d) seeds and soil
  17. 17.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) tea leaves and milk (d) a price board
  18. 18.🔍 Which is the odd one out? (a) a folding table (b) a cloth banner (c) a cash box (d) seeds and soil
  19. 19.Meera’s stall budget is ₹260. A price board cost ₹50, ribbon cost ₹90 and pots cost ₹40. How many rupees of the budget are left?
  20. 20.Kabir has ₹120 to spend on sheets of card paper. One sheet of card paper costs ₹12. What is the greatest number of sheets of card paper Kabir can buy?
  21. 21.Saanvi plans to make 27 potted plants. Each needs ₹9 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  22. 22.True or false: “tea leaves and milk” is a one-time cost. (a) False (b) True
  23. 23.True or false: “paper cups” is a one-time cost. (a) True (b) False
  24. 24.Aarav’s stall budget is ₹710. Seeds cost ₹90, paper cups cost ₹150 and card paper cost ₹220. How many rupees of the budget are left?
  25. 25.Which of these is a one-time cost? (a) lemons (b) sugar (c) a juicer (d) card paper
  26. 26.Arjun plans to make 39 jute bags. Each needs ₹4 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  27. 27.🔍 Which is the odd one out? (a) sugar (b) lemons (c) a cooler box (d) seeds and soil
  28. 28.Riya has a budget of ₹500. The stock costs ₹140 and the stall fee is ₹310. Is the budget enough? (a) Yes (b) No
  29. 29.Saanvi plans to make 10 cups of lemonade. Each needs ₹8 of materials, and a banner costs ₹180 once. What total budget is needed (in ₹)?
  30. 30.Dev plans to make 10 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  31. 31.Nisha has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹10. What is the greatest number of sheets of card paper Nisha can buy?
  32. 32.True or false: “a cooler box” is a one-time cost. (a) False (b) True
  33. 33.🔍 Which is the odd one out? (a) ice (b) paper cups (c) seeds and soil (d) a juicer
  34. 34.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  35. 35.Riya has ₹110 to spend on sheets of card paper. One sheet of card paper costs ₹15. What is the greatest number of sheets of card paper Riya can buy?
  36. 36.📒 One-time cost or running cost: paper cups? (a) a running cost (b) a one-time cost
  37. 37.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  38. 38.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) paper cups (d) a folding table
  39. 39.Rohan’s stall budget is ₹580. Lemons cost ₹90, ribbon cost ₹110 and pots cost ₹190. How many rupees of the budget are left?
  40. 40.True or false: “card paper” is a one-time cost. (a) True (b) False

Answer key

  1. No
  2. a cloth banner
  3. ice
  4. tea leaves and milk
  5. True
  6. True
  7. a running cost
  8. 14
  9. 60
  10. No
  11. True
  12. 190
  13. True
  14. a running cost
  15. 8
  16. seeds and soil
  17. a price board
  18. seeds and soil
  19. 80
  20. 10
  21. 303
  22. False
  23. False
  24. 250
  25. a juicer
  26. 426
  27. a cooler box
  28. Yes
  29. 260
  30. 340
  31. 11
  32. True
  33. a juicer
  34. a running cost
  35. 7
  36. a running cost
  37. a one-time cost
  38. paper cups
  39. 190
  40. False

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